"Pink Star" diamond auctioned for record 71.2 million United States dollars in Hong Kong

Chinese jewelry behemoth Chow Tai Fook Jewellery was revealed as the buyer of the almost 60-carat stone, edging out two other bidders over the phone. It was sold for a hammer price of $63.0 million, not including the buyer's premium. "The Asian element in the jewelry market is extremely important and from what I've been hearing from members of the trade I've been talking to, in the last six months they have become more and more important", said David Bennett, chairman of Sotheby's ... Read More

4 things to know about Equal Pay Day

The fight for gender equality in the workplace if far from over. Black women earn 63 cents for every dollar a white, non-Hispanic man earns, meaning they will typically lose more than $840,000 over a 40-year career. For instance, women are 20 percent more likely than men to be fired for misconduct and 30 percent less likely to find new jobs afterward. In this year's legislative session, state lawmakers initiated a study of the wage disparity between men and women. Read More

Tumbling car sales drag down US auto market in March

Tumbling car sales drag down US auto market in March

Among 21 analysts covering F&M Bank (NYSE:F), 10 have Buy rating, 2 Sell and 9 Hold. Barclays PLC reaffirmed a "neutral" rating on shares of General Motors Company in a report on Friday, February 3rd. The industry's annualized sales pace, adjusted for seasonal trends, slowed to 16.6 million in March, from 16.7 million a year earlier, according to researcher Autodata Corp. Read More

EpiPen and EpiPen Jr. subject to recall because of possible defective part

EpiPen and EpiPen Jr. subject to recall because of possible defective part

Mylan brands adult versions with a yellow label and junior devices with a green label. "The expanded voluntary recall is being initiated in the USA and also will extend to additional markets in Europe, Asia, North and South America", Mylan said in a statement . Read More

SpaceX Successfully Deploys Previously Launched Rocket

SpaceX Successfully Deploys Previously Launched Rocket

SpaceX performed a flawless launch using a "pre-flown" first stage, and in a later briefing, SpaceX founder Elon Musk also said that the satellite's protective pair of fairings were also recovered . The Falcon Heavy is the higher variant of the Falcon 9 launch vessel and is made of a common Falcon 9 rocket core, with two extra strap-on boosters, anchored in the first stage of Falcon 9 rocket. Read More

Anti-allergy medicine EpiPen recall expands to US

Anti-allergy medicine EpiPen recall expands to US

Mylan announced Friday the recall is being conducted as a result of two reports from outside the U.S. The reports detail instances in which the device would not activate. The products involved in the recall are EpiPen auto-injectors with an expiry date of May 2017, and EpiPen Jr. auto-injectors with an expiry date of March 2017. Read More

If you live in Gibraltar, tell us what you think about Brexit

If you live in Gibraltar, tell us what you think about Brexit

It hands Spain, which has long held ambitions to reclaim sovereignty of the territory, significant power over Gibraltar's future. Up to 12,000 people who live in Spain come to work in Gibraltar every day. Unless Theresa May is prepared to sacrifice the future of Gibraltar's 30,000 inhabitants to secure a good deal for the rest of the United Kingdom then she could have to make concessions to Spain. Read More

Trump re-assigns White House deputy chief of staff to outside group

Asked Thursday if the White House expects further staff shakeups, press secretary Sean Spicer had a one-word answer: 'No'. White House officials, including Spicer, disputed reports that the Walsh transfer is a staff shake-up created to undercut Priebus. Read More

Democrats Introduce 'MAR-A-LAGO' Act

Democrats Introduce 'MAR-A-LAGO' Act

Following her death, Ms. Democrats said the move is necessary after visitor access records on the official White House website have not been updated since Trump took office, according to NBC News. "Effective government is dependent on public trust, but unfortunately, the Trump Administration is missing that key ingredient", said Representative Mike Quigley , co-founder and co-chair of the Congressional Transparency Caucus. Read More

Trump notches his 13th golf course visit

Trump notches his 13th golf course visit

Trump was critical of President Barack Obama for playing golf 333 times during his eight years in office, tweeting about Obama's golf habit often and saying he wouldn't spend the same time on the course were he to win the presidency. After describing a visit to the "devastation" in flood-overcome Louisiana, Trump proclaimed that Obama "ought to get off the golf course and get down there". Read More

Trump to roll back Obama clean power plan

The plan is expected to be scrapped under Trump. Donald Trump has previously said he is considering withdrawing the United States from the Paris Agreement because, in his opinion, "nobody really knows" if climate change is real. "So Paris was just a bad deal , in my estimation", he said. Coal miners such as Arch Coal (ARCH), BHP Billiton (BHP), Cloud Peak Energy (CLD), Freeport-McMoRan (FCX) and Rio Tinto (RIO), together with exchange-traded fund Market Vectors-Coal ETF (KOL), are ... Read More

Say goodbye to the Coffee Coolatta

Say goodbye to the Coffee Coolatta

However, as BI points out, the new drink packs a caloric punch on its own: A 32-ounce large sized drink with cream has 840 calories and 12 grams of sugar, versus a large Frozen Mocha Coffee Coolatta at 990 calories and 133 grams of sugar. Replace the cream with skim milk and you're down to 550 calories, but two extra grams of sugar. Dunkin' Donuts announced earlier this month that it plans to phase out all artificial colorings from its US menus by 2018, including those found in the humble ... Read More

Euro Charges Ahead as Macron Trounces Rivals in TV Debate

With such a diverse range of potential future presidents brought together for a battle that lasted over three and half hours there were always going to be fireworks. Former economy minister Macron was most animated when he took on Le Pen over the burkini. "Do not use it to divide the French", he said, accusing Le Pen of transforming "the over four million French people, whose religion is Islam.into enemies of the Republic". Read More

Fed on track to raise USA rates twice more this year: Evans

Fed on track to raise USA rates twice more this year: Evans

Group of 20 financial leaders at a meeting expressed renewed concern about the United States' global trade relations and by implication the Trump administration's concern over the strong U.S. These adjustable rates, he says, could rise as much as ¾ percent, which would increase the same metric as mentioned above (the monthly payment on a $200,000 mortgage) by as much as $84. Read More

Ivanka Trump gets office in White House

Ivanka Trump gets office in White House

Though Ivanka Trump lacks a formal White House job, the U.S. president's older daughter is moving into her own West Wing office, an administration spokesperson said - a move that increases her profile as an influential, though unofficial , adviser to her father. Read More

Uber President Quits Amid Company Turmoil

Uber President Quits Amid Company Turmoil

Rachel Holt, the head of the company's USA ride-hailing business, said Uber would make changes to its app that should address some drivers' concerns. When asked repeatedly if the board had considered asking Kalanick to step down - and whether he would step down if asked - Huffington dismissed that as a hypothetical, saying "It hasn't come up and we don't expect it to come up". Read More

Security beefed up after White House bomb scare

Security beefed up after White House bomb scare

The vehicle was stopped Saturday night about a quarter-mile from the White House. The US Secret Service have detained a man who drove up to the White House and claimed to have a bomb in his vehicle. CNN reported that the man made a threat claiming he had a bomb in his vehicle, and that he was immediately arrested and the auto in which he was travelling seized. Read More

Forex - Dollar holds onto modest gains, but remains near 5-week trough

Forex - Dollar holds onto modest gains, but remains near 5-week trough

Shares of big US banks, which slipped on the less hawkish-than-expected stance on Wednesday, were up about 0.7 percent. The central bank on Wednesday raised rates by a quarter point to 0.75-1.00 percent, responding to the continued strength in the labor market and a pick up in inflation. Read More

Despite US Rate Increases, the Dollar's Biggest Gains Look Done for Now

Despite US Rate Increases, the Dollar's Biggest Gains Look Done for Now

But further rate increases would only be "gradual", the Fed said in its policy statement, with officials sticking to their outlook for two more rate hikes this year and three more in 2018. It hit a session high at 0.7687 and made session lows at 0.7662 levels. NEW YORK, March 16 (Reuters) - A key index of world stocks climbed to record highs while the US dollar sank to a five-week low on Thursday as investors digested the recent USA interest rate increase and indications there ... Read More

Russian agents, hackers face charges in massive Yahoo breach

Russian agents, hackers face charges in massive Yahoo breach

Federal Bureau of Investigation has been investigating the intrusion for two years, but it was only in late 2016 that the full scale of the hack became apparent. The indictment says they accessed accounts of Russian journalists and politicians critical of the Russian government as well as USA government officials and even White House personnel. Read More